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Maverick Protocol Increases in Value as It Stabilizes above the $0.40 Support – June 30, 2023
MAV/USD is in an uptrend, although it has reached the market’s overbought zone as it stabilizes above the $0.40 support. Maverick Protocol surged to a high of $0.66 on June 28 but was repulsed. The cryptocurrency’s price retraced below the $0.66 support level and began a range-bound motion. Maverick Protocol hit an all-time low at the time of writing of $0.40.
Maverick Protocol Price Statistics Data:
• Maverick Protocol price now – $0.4161
• Maverick Protocol market cap – $104M
• Maverick Protocol circulating supply – 250,000,000 MAV
• Maverick Protocol total supply – $833,719,095
• Maverick Protocol Coinmarketcap ranking – #41
Resistance Levels: $0.50, $0.60, $0.70
Support Levels: $0.30, $0.20, $0.10
MAV/USD is falling after reaching a high of $0.66 recently. Following the current rejection, the crypto asset has plummeted to the market’s oversold region. The altcoin was trading in a range between $0.50 and $0.60 before falling to the market’s oversold region. On June 29, the bears broke through the 0.50 support level, reaching the current support level of $0.40. Doji candlesticks are present, causing the crypto asset to move very slowly.
Price movement is motionless as a result of the candlesticks. MAV is now trading at $0.4012 at the time of writing. The market has reached a point of bearish exhaustion. It is below the daily Stochastic level of 20. Buyers are expected to appear at lower price levels. Meanwhile, MAV is currently stabilizing above the $0.40 support level in the oversold zone.
Doji, or small-body uncertain candlesticks, have dominated the price consolidation as it stabilizes above the $0.40 support. Price movement in the oversold region has been halted by the Doji candles. If buyers emerge in the oversold region, the crypto asset will return to its former highs.
Maverick Protocol Alternatives
The cryptocurrency has returned to the market’s oversold zone. MAV has reached a point of bearish exhaustion. If buyers emerge in the oversold region, the crypto asset is likely to rebound. The altcoin’s price motion will resemble that of June 28, when it rallied to a high of $0.66.At the same time, the Wall Street Memes (WSM) tokens are increasing in value.
It has attracted additional investors in the oversold market region. Even while the neighborhood is busy, it is quietly packing up. The temptation is real. The memes will keep spreading, but you couldn’t help but share our $1 million achievement. Don’t commit the same mistake.To ensure you don’t miss out, get some WSM right away. The presale had already brought in over $10 million.
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